When Reading Mutual Fund Quotations, the ________ Is the Price

question 259

Multiple Choice

When reading mutual fund quotations, the ________ is the price per share.

• A) NAV (Net Asset Value)
• B) PSV (Per Share Value)
• C) MFV (Mutual Fund Value)
• D) PAV (Partial Asset Value)

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Definitions:

Correlation Coefficient

A numerical measure of the strength and direction of a linear relationship between two variables.

Linear Relationship

A direct correlation between two variables that can be represented with a straight line in a graph.

Coefficient Of Determination

A statistical measure represented by R² that assesses the proportion of variance in the dependent variable predictable from the independent variables.

Correlation Coefficient

A numerical indicator that determines the magnitude of the correlation between the relative fluctuations of two variables.